Analysts’ Opinions Are Mixed on These Consumer Goods Stocks: Beyond Meat (BYND) and The Hershey Company (HSY)
Companies in the Consumer Goods sector have received a lot of coverage today as analysts weigh in on Beyond Meat (BYND) and The Hershey Company (HSY).
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Beyond Meat (BYND)
In a report released today, John Baumgartner from Mizuho Securities maintained a Sell rating on Beyond Meat. The company’s shares closed last Wednesday at $0.61.
According to TipRanks.com, Baumgartner is a 4-star analyst with an average return of
Beyond Meat has an analyst consensus of Moderate Sell, with a price target consensus of $1.00, implying a 58.4% upside from current levels. In a report issued on March 17, Barclays also maintained a Sell rating on the stock with a $1.00 price target.
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The Hershey Company (HSY)
In a report released today, David Palmer from Evercore ISI maintained a Hold rating on The Hershey Company, with a price target of $255.00. The company’s shares closed last Wednesday at $204.83, close to its 52-week high of $211.92.
According to TipRanks.com, Palmer is a 4-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for The Hershey Company with a $231.67 average price target, implying a 13.9% upside from current levels. In a report released today, TipRanks – PerPlexity also downgraded the stock to Hold with a $232.00 price target.
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- Beyond Meat reports Q4 EPS (29c), consensus (10c)
- Beyond Meat sees Q1 revenue $57M-$59M, two estimates $63.51M
- Beyond Meat says unable to file Annual Report on Form 10-K by deadline
- BYND Earnings: Beyond Meat Stock Falls as Delayed Results Show Another Weak Quarter
- Mixed options sentiment in Beyond Meat with shares up 15.65%
